My First EA

I just built my first EA. I did the backtest from 11/12-11/19/2018. What do y'all think? Did I backtest it correctly?

Looks good. DD is high, though. Cut the lot size down and you should be good. Now, let’s see what it does over several months.

The modelling quality is only 90%. Due to that the result of the backtest is not much worth. A test on a demo account gives you more realistic result.

What you think of these results?

Results look a bit odd. In the first one, you suffer a maximal drawdown of $3.3k, however only have an average loss trade of -0.57 with 81 total loss trades? Equally, your max DD being twice the size of your net profit for the period looks very dangerous. I'd assume it's a martingale system?

In second results, only 2046 ticks modelled in 1523 bars? Looks like a poor testing method, and not real ticks? On this one, your max DD is approx the same as your net profit, meaning it's essentially a 50/50 gambler.

Forward testing in progress

Nice. But you should get 99% backtest quality atleast.

BT isnt worth shit the demo looks very good are you sharing the EA so would have many testing and sharing results we could all help with tets and all you can make expiry on it so nobody could sell it ore misuse it in anyway say for a month at the time.Would help you a lot i have run atleast 10 EA\s at same time testing for last 3 years so have a lot of experience on that and have some good ideas usually on how to improve but i would need to be able to run it on demo to help

backtesting is fools gold.. it does show that your bot code is opening and closing trades and modifying takeprofit and stoplosses.. but it is absolutely not an indicator that you will make profit when forward trading, on either demo or live money.

Now I'm forward testing. It serves a purpose but you have to be prepared for market conditions to change.